People Are Finally Tired of Reeking Like Random Celebrities
LatestHave so many celebrities cut deals to produce their very own branded fragrances that the perfume market is finally saturated and everyone is sick of smelling like Kim Kardashian/Britney Spears/Justin Bieber? Let’s hope so!
According to Marketwatch, Elizabeth Arden’s stock has taken a dive, after a disappointing quarterly report citing poor perfume sales: “The decline in sales of celebrity fragrances, particularly the Justin Bieber and Taylor Swift fragrances, was steeper than anticipated,” according to the company. Sales dropped 28.4 percent year-over-year, “after it introduced fewer new fragrances and sales of popular ones faded faster than expected.”